|
|
Session 1: Ethical and Professional Standards
+ I: T1 C2 j/ @ J0 Q4 c- K: ]3 d5 }: k! @1 X
Reading 2-II: Standards of Professional Conduct & Guidance: Integrity of Capital Markets
! V; r# E0 i* X: g' g
4 c" m2 g0 {% d: Q3 |4 K4 q0 i3 pLOS B.: Market Manipulation.
) ]( W8 L2 |; |- G- k
8 S8 U' k/ k8 j& g( ~0 B1 kSteve Waters, a CFA Level I candidate, has decided to enter into a long position of Farmco stock. Since Farmco is thinly traded, Waters is concerned the order will overwhelm the liquidity of Farmco and the price will surge. Waters engages in a series of block trades in order to accomplish the purchase. According to Standard II(B), Market Manipulation, Waters has engaged in:7 M3 X/ a6 \; f* z
. w# p! P( ~+ e% F5 C% o/ U2 H回复查看更多：
% ~$ J3 N: v( P7 |* Z
9 z' o; B) `5 Z( O% @+ o: s+ C" ~
) {4 \0 m7 i+ i% s6 J3 h |
|
发表于 2015-12-15 18:13:54
发表于 2019-5-20 13:22:13